Insurance Archive

Patriot National Inc., which provides technology, outsourcing and underwriting services to the insurance industry, has announced a plan of reorganization as part of a restructuring support agreement (RSA) with its lenders, Cerberus Business Finance, LLC and its affiliates, and TCW Asset Management Co. LLC., which have agreed to acquire the financially troubled firm. Under the

That’s because of broken incentives, according to economists and industry experts. The payment policies of insurers and government health programs, along with pressure from investors, have encouraged drugmakers to treat the symptoms of the opioid epidemic but discouraged innovations that might get to the root of the problem. New therapies for pain have generally been

This would end abuses in anti-gun states like New York and New Jersey and allow law-abiding concealed carriers to exercise their rights nationwide with peace of mind,” the NRA website states. “[The bill] would not, as some critics claim, affect how states issue their own concealed carry permits.” U.S. Representative Richard Hudson, the North Carolina

The Trump administration’s proposed $12 billion initiative to reduce future flood damage met with skepticism in Congress, as lawmakers warned against diverting emergency funding away from hurricane survivors. “We’ve got folks who are suffering,” said Mario Diaz-Balart, a Republican congressman from Florida and chairman of the House panel responsible for that funding. “We’ve got to

Liberty Mutual Insurance Chairman and CEO David H. Long officially opened the company’s one million square foot office complex in Plano, Texas, on Tuesday with a ribbon-cutting ceremony attended by Texas Governor Greg Abbott and City of Plano Mayor Harry LaRosiliere. The 19-story campus will offer employee amenities such as an on-site medical center with